| devaluation |
The downward adjustment of a currency
Ãâó: www.forexcourse.com/forex-glossary.html
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| devaluation |
The phenomenon whereby a human receives a lower valuation than usual, often because they have made their assistance or cooperation too readily available.
Ãâó: www.tdev.dircon.co.uk/glossary.htm
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| devaluation |
When the value of a currency is lowered against the other, ie it takes more units of the domestic currency to purchase a foreign currency. This differs from depreciation in that depreciation occurs through changes in demand in the foreign exchange market, whereas devaluation typically arises from government policy. A currency is usually devalued to improve the balance of trade, as exports become cheaper for the rest of the world and imports more expensive to domestic consumers.
Ãâó: www.learn-forex-trading.com/forex-trading-terms-d....
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| devaluation |
a deliberate change in the exchange rate (under a fixed exchange rate system) involving a reduction in the value of the local currency against other currencies.
Ãâó: www.afsc.org/africa-debt/jargon.htm
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| devaluation |
a reduction of the money rate against foreign currencies or gold; a reduction of precious metal content in a monetary unit.
Ãâó: www.hansabanka.lv/cgi-bin/www/engl/mylife/ml_11.ph...
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